What was the net change in total Sonesta Simply Suites outlets during 2023?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
, and the appropriate state regulatory agencies.
OUTLETS AND FRANCHISEE INFORMATION
TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022 to 2024 1
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2022 | 0 | 11 | +11 | | | 2023 | 11 | 14 | +3 | | | 2024 | 14 | 17 | +3 | | Company- | 2022 | 65 | 51 | -14 | | Owned2 | | | | | | | 2023 | 51 | 51 | 0 | | | 2024 | 51 | 48 | -3 |
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 74–79)
What This Means (2025 FDD)
According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, the total number of outlets experienced a net increase of 3 locations during 2023. At the start of 2023, there were 62 total outlets, which increased to 65 by the end of the year.
Specifically, the number of franchised locations increased by 3, going from 11 at the beginning of 2023 to 14 by the end of the year. Meanwhile, the number of company-owned outlets remained constant at 51 throughout 2023.
This data indicates a slight expansion of the Sonesta Simply Suites system in 2023, driven entirely by the addition of franchised locations. For prospective franchisees, this suggests a growing franchise network. However, it's important to note that past performance does not guarantee future results, and franchisees should conduct their own due diligence to assess the brand's growth potential.